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Millennials Believe Cryptos Will Help Fund Their Retirements

Millennials Believe Cryptos Will Help Fund Their Retirements

Crypto is displacing the traditional financial system, and you can’t afford to ignore it.

At this point, full adoption is inevitable — all thanks to millennials and Generation Z.

Millennials are now the largest demographic in the United States. And we have a different view on money than older generations.

A survey by deVere Group showed that 67% of millennials think bitcoin is a better safe haven than gold.

Plus, a Capitalize survey found that 56% of Gen Z and millennials expect crypto to help fund their retirements.

These are telling signs that crypto is gaining traction amongst younger generations.

Stocks are no longer the only game in town.

Millennials Haven’t Reached Their Peak Earnings Years

Millennials’ interest in crypto will lead to a flood of investment over the coming years.

My age group is currently between 26 and 41. That means we still have yet to reach our peak earnings years.

Peak income for men and women is expected by 55 and 44, respectively.

As our incomes rise and retirement approaches, we’ll be investing more.

A chunk of this will be making its way into crypto.

Invest in the Backbone of the Crypto Economy

It’s important to note that not every crypto will be a winner from this trend.

According to CoinMarketCap, there are nearly 19,000 cryptos to choose from.

The large number makes it challenging to pick the cryptos that stand to gain the most.

But my colleague Ian King has gained a reputation for picking high-flying cryptos.

One of his best picks, LUNA, handed subscribers an 18,325% gain in just one year.

Right now, Ian likes one crypto in particular that is growing rapidly. He’s calling it the “Next Gen Coin.”

It’s the backbone for almost the entire crypto economy. And it will see high demand as younger generations move money into crypto.

You can learn more about the Next Gen Coin in Ian’s newest presentation.

Regards,

a black and white drawing of a hand with a long pointy point

Steve Fernandez

Research Analyst, Strategic Fortunes

Morning Movers


 

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